EXHIBIT 23.2
                                                                    ------------

                         INDEPENDENT AUDITORS' CONSENT

We consent to the incorporation by reference in Registration Statements No. 333-
92636, No. 333-99378, No. 333-47473, No. 333-66829, No. 333-81679, and No. 333-
32190 of The PMI Group, Inc. (the "Company") on Form S-8 and Registration
Statements No. 333-48035, and No. 333-67125 of the Company on Form S-3 and
Registration Statement No. 333-29777 of the Company on Form S-4 of our reports
dated January 20, 2000 appearing in and incorporated by reference in this Annual
Report on Form 10-K of the Company for the year ended December 31, 2000.

/s/ Deloitte & Touche LLP

San Francisco, California

March 26, 2001